Corporate Operations: Page 34
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50% of restaurants plan to incentivize employees to get vaccinated, survey says
Even after employees are vaccinated, 75% of restaurants said they will keep their safety protocols in place, according to a report from BlackBox Intelligence.
By Alicia Kelso • March 18, 2021 -
Cava flipping Zoës Kitchen locations to support suburban growth
Seven Zoës have been converted and another 12 are in the works for this year in a mix of urban and suburban markets, a Cava spokesperson said.
By Alicia Kelso • March 17, 2021 -
Explore the Trendline➔
sam edwards via Getty ImagesTrendlineMenu development
Restaurants big and small are experimenting with their menus to align with the preferences of on-the-go diners and mitigate the impact of rising food costs, supply chain disruption and shrinking consumer discretionary funds.
By Restaurant Dive staff -
British QSR Leon shutters US locations
The company managed to keep only one American location open over the past 12 months, with volume down 85%, Leon USA president Glenn Edwards said.
By Emma Liem Beckett • March 17, 2021 -
Torchy's Tacos eyeing IPO, Bloomberg reports
The fast casual chain, which added 12 new units in 2020, could raise $300 million and debut with a $1 billion valuation, per the publication.
By Julie Littman • March 15, 2021 -
Burger King hires Domino's exec as COO
Tom Curtis, who has worked at the pizza chain for 35 years, will join the QSR in May in the midst of Burger King's ongoing drive-thru modernization and expansion of its loyalty program.
By Julie Littman • March 12, 2021 -
Newly public BurgerFi adds CFO
After debuting on the stock market in December 2020, the fast casual chain tapped Michael Rabinovitch, a 25-year finance veteran.
By Jane Thier • March 8, 2021 -
Uber Eats' US and Canada head leaves after 6 months
Sarfraz Maredia, current leader of Uber's rides division in the U.S. and Canada, will take on the position vacated by Stephane Ficaja.
By Emma Liem Beckett • March 8, 2021 -
Domino's, Papa John's sales soar on pandemic delivery demand, but complications loom
Both chains reported double-digit same-store sales growth last year, but delivery aggregators' growing market share could complicate strategies when pizza sales return to normal levels.
By Julie Littman • March 4, 2021 -
Chipotle will tie 10% of executive incentives to environmental, diversity goals
The company aims to source 37 million pounds of organic, locally grown produce this year and promote more women and people of color above the restaurant level.
By Julie Littman • Updated March 4, 2021 -
Wendy's expects to reach 8K units globally by 2025
With a growing emphasis on nontraditional locations like drive-thru only units and dark kitchens, the QSR expects to open 250 stores globally in 2021.
By Julie Littman • March 4, 2021 -
Chipotle to settle 2017 overtime dispute with $15M payout
Plaintiffs alleged Chipotle switched employees who were eligible for overtime back to "exempt" status while an injunction related to the The Fair Labor Standards Act, which expanded overtime rules, was in place.
By Alicia Kelso • March 3, 2021 -
McDonald's CEO calls for updates to workplace safety policy
Tasking four of the company's top leaders with updating its brand standards on the issue, and taking employee and franchisee feedback into account, could help further address the chain's culture issues.
By Alicia Kelso • March 2, 2021 -
Shake Shack borrows $225M to support expansion plans
The funding will be used to aid opening additional units, new store formats and drive-thrus, as well as improvements to the digital guest experience and further investments in talent development.
By Julie Littman • March 2, 2021 -
Retrieved from Taco Bell on August 20, 2020
Yum Brands buys Kvantum's AI business to 'fast-track' data-driven marketing
The owner of KFC and Taco Bell will combine Kvantum's machine learning tech with culture-based insights from Collider Lab, a consultancy it acquired in 2015.
By Peter Adams • March 2, 2021 -
McDonald's, Yum Brands sign global partnerships with Beyond Meat
The word "exclusive" doesn't appear in either announcement, which could mean the door is open for other plant-based partnerships as the chains ramp up their offerings in the category.
By Alicia Kelso • Feb. 26, 2021 -
Packaging manufacturers compete for raw materials as takeout shakes up foodservice
There has been "an increased use of tamper-evident and tamper-resistant packaging, designed to protect food and beverage when it’s on the go," said Natha Dempsey, president of the Foodservice Packaging Institute.
By Jen A. Miller • Feb. 26, 2021 -
Retrieved from hoots wings on December 08, 2020
Hooters’ fast casual chain Hoots Wings signs first franchise deal
Hoots Wings plans to open 60 franchised locations through its new agreement with Dallas-based AE Restaurant Group.
By Alicia Kelso • Feb. 25, 2021 -
Cracker Barrel to test virtual chicken and biscuits brand as off-premise grows 78%
The company has been operating its ghost kitchen facility in Indianapolis since the fall and plans to launch the concept from the location this week.
By Alicia Kelso • Feb. 24, 2021 -
Remote Chipotle ERG will support minority mentorship program
The group, which will hold virtual roundtable discussions and quarterly diversity and inclusion training, builds on the fast casual chain's past efforts to make talent development more accessible.
By Ryan Golden • Feb. 24, 2021 -
California fines Burgerim $4M, orders it to refund franchise fees
The chain sold franchises to 1,550 operators who paid $57.7 million in fees, according to a complaint by the state, but didn't deliver the refunds it promised to many franchisees.
By Emma Liem Beckett • Feb. 24, 2021 -
Retrieved from Just Salad on February 23, 2021
Just Salad takes its reusable bowl program to go
While sales of its dine-in reusable program grew 100% in 2019, the pandemic caused more customers to order carryout, which pushed the fast casual chain to offer the bowls for off-premise.
By Alicia Kelso • Feb. 23, 2021 -
Retrieved from Olo/Business Wire on February 22, 2021
Olo files to go public with $100M offering
The software company posted a 94% increase in revenue during 2020 as customers shifted toward digital ordering channels during the pandemic.
By Julie Littman • Feb. 23, 2021 -
Steak 'n Shake sued for $8.5M in unpaid fees
Fighting back against the restaurant chain's assertions that it is debt free, Wilmington Trust has filed a claim that it's owed millions in unpaid fees and interest dating back to 2018.
By Emma Liem Beckett • Updated April 6, 2021 -
Toast considering IPO valued at $20B, WSJ reports
The software company, which processed 50 million digital guest orders in 2020, is also exploring a sale or merger with a special purpose acquisition corporation, per the publication.
By Julie Littman • Feb. 22, 2021 -
Noodles & Company plots multi-unit franchise expansion
The fast casual chain is looking to grow its footprint in Southern and Southwest markets, with a focus on off-premise operations.
By Emma Liem Beckett • Feb. 19, 2021